Yue Da International Holdings (HKSE:00629) Receivables Turnover : 0.07 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Yue Da International Holdings Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Yue Da International Holdings's Revenue for the six months ended in Dec. 2023 was HK$43.93 Mil. Yue Da International Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$630.92 Mil. Hence, Yue Da International Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 0.07.

Yue Da International Holdings Receivables Turnover Historical Data

The historical data trend for Yue Da International Holdings's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yue Da International Holdings Receivables Turnover Chart

Yue Da International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

0.12

0.18

0.14

Yue Da International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.06	0.08	0.10	0.07	0.07

Competitive Comparison of Yue Da International Holdings's Receivables Turnover

For the Specialty Business Services subindustry, Yue Da International Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Yue Da International Holdings's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Yue Da International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yue Da International Holdings's Receivables Turnover falls into.

Yue Da International Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Yue Da International Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	96.785	/ (	(706.777	+	630.921)	/	2 )
=	96.785	/	668.849
=	0.14

Yue Da International Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	43.927	/ (	(0	+	630.921)	/	1 )
=	43.927	/	630.921
=	0.07

Yue Da International Holdings (HKSE:00629) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Yue Da International Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Yue Da International Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Yue Da International Holdings (HKSE:00629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Yue Da International Holdings Ltd (HKSE:00629) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 - 200 Connaught Road Central, 33rd Floor, China Merchants Tower, Office No. 3321-3323 and 3325, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.yueda.com.hk

Yue Da International Holdings Ltd is an investment holding company. The company operates through one segment namely, the Factoring business. Factoring business offers trade finance, sales ledger management, customer credit rating, accounts receivable management and collection, credit risk guarantee, supply chain management, and other related solutions in China.

Executives

Jiangsu Yue Da Group Company Limited	2201 Interest of corporation controlled by you
Yueda Capital (hk) Limited	2101 Beneficial owner
Yueda Capital Company Limited	2201 Interest of corporation controlled by you
Yue Da Group (h.k.) Co., Limited	2101 Beneficial owner

Yue Da International Holdings (HKSE:00629) Headlines

No Headlines